India intends to construct one of many world’s largest nuclear fleets, a market price tens of billions of {dollars}.
But for 15 years, a single provision in Indian legislation helped maintain Japanese companies on the sidelines. Final December, that provision was eliminated. The prize is now inside attain. However the query confronting Tokyo is more durable than the economics make it sound.
Ought to Japan, of all nations, assist construct nuclear reactors overseas underneath guidelines that depart suppliers bearing much less accountability if one thing goes catastrophically improper? Ought to it transfer rapidly, earlier than rivals lock up the market or maintain again on precept?
